Rally over?

Experts say we’ve had all the gains for this year after some strong gains since March this year. It is expected that markets in US, Europe and Asia will close up the year at current levels. “The fundamentals have improved. However figures are mostly driven by government and central bank intervention. When this wears off the underlying fragility of the world economy will once again be demonstrated,” said Philippe Gijsels at BNP Paribas Fortis. “Sentiment has become way too optimistic.”

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